CoW Swap vs Uniswap

How CoW Swap vs Uniswap compare on our ratings, dex specs, funding, pros and cons.

VS
Uniswap4.1/5
Feature
Ratings
Our score3.6/54.1/5
User ratingNo reviews yetNo reviews yet
Liquidity & pricing4.04.5
Fees3.53.5
Security3.04.0
Ease of use4.04.0
Chain coverage4.04.5
Specs
KYC required No No
TypeAggregatorAMM
ChainsEthereumEthereum, Base, Arbitrum, BNB Chain, Other
Swap fee50% of surplus plus 2 basis points of volume, with partner fees and MEV Blocker feesNot disclosed
Limit orders Yes Yes
Cross-chain swaps No Yes
Audited Yes Yes
Open sourceNot disclosed Yes
Governance tokenCOWUNI
Perpetual futures No No
Routes across other DEXs Yes Yes
MEV protection Yes Yes
Mobile appNot disclosed Yes
Company
Founded20212018
Headquarters—United States
InvestorsGreenfield Capital, Private and CoWmunity investors, 1kxPolychain Capital, BlackRock, Andreessen Horowitz, Paradigm +8
Strengths and weaknesses
Pros
  • Non-custodial execution across eight chains
  • Batch auctions can reduce MEV exposure
  • TWAP orders are available to regular wallets
  • More than $200B in cumulative user trades
  • Non-custodial wallet trading across 16+ EVM mainnets
  • V3 offers four published pool fee tiers
  • V4 supports programmable hooks and concentrated liquidity
  • UniswapX can shift gas payment to fillers
Cons
  • Protocol fees include 50% of surplus plus 2 basis points of volume
  • Solver quotes depend on available liquidity and execution routes
  • April 2026 DNS hijack caused approximately $1.2M in estimated losses
  • The frontend depends on wallet access and domain security
  • Pool fees vary by market and network gas is separate
  • Thin pools can produce high slippage and poor execution
  • Liquidity providers face out-of-range and impermanent-loss risk
  • V4 hooks and fillers add external smart-contract dependencies
Best forLarge spot swaps, MEV-sensitive traders, DAO treasury executionOn-chain token traders, Concentrated liquidity providers, Developers building EVM swaps

Highlighted cells show the stronger value in each row. Data comes from each provider's site and public sources; check details before you sign up.

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